207 W Walnut StNoconaTX76255
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Nocona at 207 W Walnut St, Nocona, TX, 76255 listed at $179,999 pairs $1,481/mo rent with a $881/mo payment to leave $201/mo cash flow. Total monthly income runs $1,481/mo, and annual cash flow reaches $2,412/yr on $59,670 cash to close. Return on cash invested measures 23.95% in year one, and rental yield registers 9.87% at a $179,999 basis. Equity gained on principal adds $1,162/yr, and annual property appreciation at 5% supports $49,730 by year five. Five-year ROI tracks 125.7% and total cumulative return in cash totals $75,004. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,481/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1958
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76255, Nocona, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,154 (100%) |
| Owner Occupied HU | 1,790 (56.8%) |
| Renter Occupied HU | 631 (20.0%) |
| Vacant Housing Units | 733 (23.2%) |
| Median Home Value | $188,393 |
| Average Home Value | $281,074 |
Housing Distribution
Address Breakdown
Residential
2,483
Single Family
2,483
Multi-Family
0
Businesses
261
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sheri Sanders • Monument Realty
Mls Name: NTREIS
Mls ID: #20985742
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.